Marshall Investment Management LLC Acquires New Holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF $ROBT

Marshall Investment Management LLC acquired a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 18,856 shares of the company’s stock, valued at approximately $978,000. Marshall Investment Management LLC owned about 0.14% of First Trust Nasdaq Artificial Intelligence and Robotics ETF at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. HighTower Advisors LLC boosted its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 5.4% during the 4th quarter. HighTower Advisors LLC now owns 4,248 shares of the company’s stock worth $220,000 after purchasing an additional 219 shares during the last quarter. Rockport Wealth LLC acquired a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 4th quarter worth about $9,059,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 276.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 809,743 shares of the company’s stock worth $41,999,000 after purchasing an additional 594,815 shares during the last quarter. Granite Bay Wealth Management LLC boosted its stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF by 4.5% during the 4th quarter. Granite Bay Wealth Management LLC now owns 58,178 shares of the company’s stock worth $3,017,000 after purchasing an additional 2,527 shares during the last quarter. Finally, Pinnacle Associates Ltd. acquired a new stake in shares of First Trust Nasdaq Artificial Intelligence and Robotics ETF during the 4th quarter worth about $236,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Price Performance

First Trust Nasdaq Artificial Intelligence and Robotics ETF stock opened at $55.87 on Tuesday. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 12-month low of $43.55 and a 12-month high of $56.64. The stock has a market capitalization of $731.90 million, a P/E ratio of 27.26 and a beta of 1.24. The firm’s 50-day moving average is $50.24 and its two-hundred day moving average is $51.47.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Profile

The First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified equal-weighted index of all-cap, global companies involved in artificial intelligence or robotics. ROBT was launched on Feb 21, 2018 and is managed by First Trust.